On April 23, U.S. prosecutors filed a court document suggesting that Binance founder Changpeng Zhao be given a prison term of 36 months due to accusations of breaking anti-money laundering laws (AML). According to recent news, Zhao, who relinquished his role as Binance CEO last November, is set to receive this sentence on April 30. … Read more
According to Tesla’s Q1 earnings report, the foremost electric car producer holds approximately $184 million in digital assets on its balance sheet. Despite Bitcoin‘s price increasing over 72% this year, the worth of the company’s Bitcoin holdings hasn’t changed because unrealized profits don’t need to be reported yet. In February 2021, Tesla purchased an impressive … Read more
Yesterday, Ripple revealed in its court document submitted opposed to the SEC’s request for remedies and final judgment, that there have been major adjustments to its On-Demand Liquidity (ODL) operations within the US. The filing explained that instead of using XRP as a intermediary currency for its US-based ODL services, Ripple now employs Tether (USDT). … Read more
HBAR, the native cryptocurrency of Hedera Hashgraph, surged by a staggering 100% all the way to $0.18. On Tuesday, April 13, financial giant BlackRock announced that it would leverage the Hedera Blockchain to tokenize its money market fund. This provided a strong undercurrent for the HBAR price to rally breaking above previous April highs. BlackRock … Read more
Worldcoin, a trailblazing digital identity initiative, announced its intention to boost the circulation of its native token, WLD, by up to 19% within the next six months. This expansion includes selling the tokens in private transactions to international investment firms, facilitated by World Assets Ltd., a subsidiary of the Worldcoin Foundation based outside the US. … Read more
Today, the prices of the leading cryptocurrencies saw substantial increases. Bitcoin (BTC) broke through the $67,000 barrier, and Ethereum (ETH) approached the $3,300 threshold. Furthermore, XRP, Solana (SOL), and other significant altcoins experienced noteworthy growth. However, Cardano (ADA) faced challenges in maintaining its previous gains. Major Crypto Prices Today 1. Bitcoin Price The price of … Read more
Insiders report that the bankruptcy team of the closed-down crypto exchange FTX might sell a significant portion of their Solana assets at auction this week. This move could result in increased supply for Solana, potentially impacting its current price rise. FTX To Conduct A ‘Blind Auction’ for Solana Based on insider information, there will be … Read more
On April 24, Ethereum, the second largest cryptocurrency in terms of global market value, sparked enthusiasm among crypto traders and investors worldwide. The price of Ethereum bounced back significantly, leading to increased interest from large investors, or “whales.” This renewed attention on Ethereum, often referred to as Solana’s rival, resulted in increased discussion about potential … Read more
In Hong Kong, the process of listing the initial Bitcoin and Ethereum spot ETFs is gaining momentum at an accelerated pace. Top Chinese asset managers are now making final preparations to initiate trading as early as April 30th. This upcoming launch has generated significant anticipation among Asian crypto investors, inspired by the impressive performance of … Read more
PayPal’s Blockchain Research Team has teamed up with Energy Web and DMG Blockchain Solutions to promote “sustainable” Bitcoin mining. This partnership could speed up the shift towards renewable energy in Bitcoin mining as suggested in the study, through the use of crypto-economic incentives. PayPal Research On Bitcoin Mining A recent study conducted by PayPal’s Blockchain … Read more